WiFi Map
Crypto Overview
Overview
WiFi Map is a cryptocurrency token that powers a decentralized platform designed to provide users with access to a global database of WiFi hotspots. The project builds upon an existing application with over 150 million downloads that helps users find and connect to WiFi networks worldwide.
Purpose and Utility
The WIFI token serves multiple purposes within the ecosystem: It enables users to access premium features like VPN services, allows community members to earn rewards for contributing verified WiFi locations, and facilitates governance voting rights for protocol decisions. The platform combines traditional WiFi sharing functionality with blockchain technology to create a decentralized network of verified hotspots.
Business Model Analysis
The business model appears transparent and straightforward, focusing on providing real utility through WiFi access and related services. The platform does not involve any inherently prohibited activities like interest-based lending or gambling. Revenue is generated through premium subscriptions and token-based services.
Adoption and Usage
The project builds on an existing successful application with proven user adoption. The blockchain integration is relatively new, but the underlying service has demonstrated real-world utility. The platform has established partnerships with telecommunications providers and continues to expand its network of WiFi hotspots.
Development Activity
The development team maintains regular updates to both the mobile application and blockchain infrastructure. The project demonstrates ongoing technical development and feature implementation, showing commitment to the stated goals.
Crypto Impact
To assign a comfort level investing in WiFi Map from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to WiFi Map.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.